Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Germany suppressed wages (yes, Hartz, I'm looking at you). Wage suppression, being the retarded brother of protectionism, causes current accounts imbalances and demand-side crises like the ones we're currently in.

So yeah, it really is the Germans' fault.

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Sun Feb 12th, 2012 at 02:14:56 PM EST
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